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Global Composites Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Global Composites Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Worldwide composites market has generated a revenue of approx. $69.50 Billion in 2015 and is projected to generate the revenue of more than $106 Billion in 2022 at a CAGR of approx. 7.11%. Increasing demand for lightweight materials in various industries and increasing demand of wind energy becomes the major driver which helps to increase the market of the composites globally. Due to its increasing demand from the aerospace & defense and transportation applications. Composites provide heat resistance, high strength-to-weight ratio, and are lightweight, which increases its fuel efficiency in various vehicles and provides structural stability to aircrafts. The high demand of composite from automotive industry has become the major key opportunity for the market. Automotive composites material are used in the manufacturing of vehicles providing them resistance and strength from adverse conditions. The main advantage of using them is it reduces the overall vehicle weight as they are around 60% lighter than steel or iron and also have comparable stiffness and strength. This increasing demand of composite in automotive industry helps to increase the market globally. The high manufacturing and processing cost and issues related to recycling becomes the major restraints for the market. The various number of composites use thermosetting resin material which cannot be easily recycled because they are cross linked and cannot be remolded. This recycling issue becomes the major hinder for the composite market growth.

The composite market is segmented on the basis of Fiber type, Resin Type, Manufacturing Process and Application. On the basis of fiber type the market is further sub segmented into carbon fiber and glass fiber. On the basis of resin type the market is further sub segmented into thermosetting and thermoplastic. On the basis of manufacturing process the market is further sub segmented into layup process, injection molding process, filament winding process, pultrusion process, compression molding process and resin transfer molding process. On the basis of application the market is further sub segmented into Marine, Pipes & Tanks, Construction & Infrastructure, Wind Energy, Electrical & Electronics, Aerospace & Defense, and Transportation.

Geographically the market is basically segmented into North America, Europe, Asia pacific and ROW. The Asia pacific has the largest market followed by North America. Due to its increasing electrical & electronics, construction & infrastructure, and improved transportation facilities in the region has increased the demand for composites. India and China are the major countries which helps to drive the composites market in Asia pacific region. North America is anticipated to be the second largest market share in 2022.

Some of the major players of the market are Chongqing Polycomp International Corporation, Compagnie De Saint-Gobain, Huntsman Corporation , Cytec Industries (Solvay S.A.), E. I. Du Pont Nemours & Co. .Some of the major strategies adopted by the key players are acquisitions and expansions. High cost and large interoperability problemacts as an entry barrier for the new players in the market.

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Companies Mentioned

1. CHONGQING POLYCOMP INTERNATIONAL CORPORATION
2. COMPAGNIE DE SAINT-GOBAIN
3. CYTEC INDUSTRIES (SOLVAY S.A.)
4. E. I. DU PONT NEMOURS & CO.
5. HEXCEL CORPORATION
6. HUNTSMAN CORPORATION
7. JUSHI GROUP CO. LTD.
8. KINNOCK PVT. LTD
9. MOMENTIVE PERFORMANCE MATERIALS, INC.
10. OWENS CORNING
11. PPG INDUSTRIES INC.
12. SGL GROUP
13. TEIJIN LIMITED
14. TORAY INDUSTRIES
15. WEYERHAEUSER COMPANY

1. INTRODUCTION
1.1. EXECUTIVE SUMMARY
1.2. ESTIMATION METHODOLOGY
2. MARKET OVERVIEW
2.1. MARKET DEFINITION AND SCOPE
2.2. KEY FINDINGS
2.3. PARAMETRIC ANALYSIS
2.3.1. RAW MATERIAL SUPPLIER
2.3.2. PRODUCTION GEOGRAPHICALLY
2.3.3. ADOPTION ACROSS VARIOUS INDUSTRIES
2.4. KEY MARKET INSIGHTS
2.4.1. TOP 3 EMERGING COUNTRIES
2.4.2. TOP 3 REVENUE GENERATING SEGMENTS
2.4.3. TOP GROWING MARKETS AND EMERGING TRENDS
2.4.4. TOP 3 GEOGRAPHY
2.5. COMPETITIVE LANDSCAPE
2.5.1. MARKET SHARE ANALYSIS
2.5.2. TOP WINNING STRATEGIES
2.5.3. CASE STUDIES: TOP COMPETITIVE MOVES
2.6. PORTER’S FIVE FORCE MODEL
2.6.1. THREAT OF NEW ENTRANTS
2.6.2. THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
2.6.3. BARGAINING POWER OF BUYER
2.6.4. BARGAINING POWER OF SUPPLIER
2.6.5. INTENSITY OF COMPETITIVE RIVALRY
2.7. KEY BUYING CRITERIA
2.8. STRATEGIC RECOMMENDATION
2.9. STRATEGIC CONCLUSIONS
3. MARKET DETERMINANTS
3.1. MARKET DRIVERS
3.1.1. RISING URBAN POPULATION AND INCREASING GROWTH IN THE BUILDING AND INFRASTRUCTURE DEVELOPMENT
3.1.2. RISING COMPOSITES USED BY AIRBUS AND BOEING
3.1.3. RISING DEMAND FOR LIGHTWEIGHT MATERIALS IN VARIOUS INDUSTRIES
3.1.4. INCREASING DEMAND OF WIND ENERGY
3.2. MARKET RESTRAINTS
3.2.1. HIGH MANUFACTURING AND PROCESSING COST
3.2.2. ISSUES RELATED TO RECYCLING
2.1. MARKET OPPORTUNITIES
2.1.1. INCREASING DEMAND FROM DEVELOPING COUNTRIES
2.1.2. RISING DEMAND OF NATURAL COMPOSITES FROM VARIOUS INDUSTRIES
2.1.3. INCREASING DEMAND OF CARBON FIBER COMPOSITES IN NEW APPLICATIONS
2.1.4. HIGH DEMAND OF COMPOSITES IN AUTOMOTIVE INDUSTRY
2.2. MARKET CHALLENGES
2.2.1. INCREASING RESEARCH AND DEVELOPMENT COST
2.3. PARENT MARKET
2.4. COMPETITORS MARKET
2.5. ALTERNATIVE MARKET
3. MARKET SEGMENTATION
3.1. BY FIBER TYPE
3.1.1. GLOBAL CARBON FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
3.1.2. GLOBAL GLASS FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
3.1.3. GLOBAL OTHER FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
3.2. BY RESIN TYPE
3.2.1. GLOBAL THERMOSETTING COMPOSITES MARKET 2014-2022 ($ BILLION)
3.2.2. GLOBAL THERMOPLASTIC COMPOSITES MARKET 2014-2022 ($ BILLION)
3.3. BY MANUFACTURING PROCESS
3.3.1. GLOBAL LAYUP PROCESS MARKET 2014-2022 ($ BILLION)
3.3.2. GLOBAL FILAMENT WINDING PROCESS MARKET 2014-2022 ($ BILLION)
3.3.3. GLOBAL INJECTION MOLDING PROCESS MARKET 2014-2022 ($ BILLION)
3.3.4. GLOBAL PULTRUSION PROCESS MARKET 2014-2022 ($ BILLION)
3.3.5. GLOBAL COMPRESSION MOLDING PROCESS MARKET 2014-2022 ($ BILLION)
3.3.6. GLOBAL RESIN TRANSFER MOLDING PROCESS MARKET 2014-2022 ($ BILLION)
3.3.7. GLOBAL OTHER PROCESSES MARKET 2014-2022 ($BILLION)
3.4. BY APPLICATION
3.4.1. GLOBAL MARINE MARKET 2014-2022 ($BILLION)
3.4.2. GLOBAL PIPES & TANKS MARKET 2014-2022 ($BILLION)
3.4.3. GLOBAL CONSTRUCTION & INFRASTRUCTURE MARKET 2014-2022 ($BILLION)
3.4.4. GLOBAL WIND ENERGY MARKET 2014-2022 ($BILLION)
3.4.5. GLOBAL ELECTRICAL & ELECTRONICS MARKET 2014-2022 ($BILLION)
3.4.6. GLOBAL AEROSPACE & DEFENSE MARKET 2014-2022 ($BILLION)
3.4.7. GLOBAL TRANSPORTATION MARKET 2014-2022 ($BILLION)
3.4.8. GLOBAL OTHER APPLICATIONS MARKET 2014-2022 ($BILLION)
4. GEOGRAPHICAL ANALYSIS
4.1. NORTH AMERICA COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.1. UNITED STATES (U.S.) COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.2. CANADA COMPOSITES MARKET 2014-2022($BILLION)
EUROPE COMPOSITES MARKET 2014-2022($BILLION)
4.1.3. UNITED KINGDOM (UK) COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.4. FRANCE COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.5. GERMANY COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.6. SPAIN COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.7. ITALY COMPOSITES MARKET 2014-2022 ($BILLION)
4.1.8. ROE MARKET 2014-2022 ($BILLION)
4.2. ASIA PACIFIC COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.1. INDIA COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.2. CHINA COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.3. JAPAN COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.4. KOREA COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.5. AUSTRALIA COMPOSITES MARKET 2014-2022 ($BILLION)
4.2.6. ROAPAC COMPOSITES MARKET 2014-2022 ($BILLION)
4.3. REST OF THE WORLD COMPOSITES MARKET 2014-2022 ($BILLION)
4.3.1. LATIN AMERICA COMPOSITES MARKET 2014-2022 ($BILLION)
4.3.2. MENA COMPOSITES MARKET 2014-2022 ($BILLION)
4.3.3. AFRICA COMPOSITES MARKET 2014-2022 ($BILLION)
COMPANY PROFILING: - (OVER, SCOT ANALYSIS, STRATEGIC REVIEW)
1. CHONGQING POLYCOMP INTERNATIONAL CORPORATION
2. COMPAGNIE DE SAINT-GOBAIN
3. CYTEC INDUSTRIES (SOLVAY S.A.)
4. E. I. DU PONT NEMOURS & CO.
5. HEXCEL CORPORATION
6. HUNTSMAN CORPORATION
7. JUSHI GROUP CO. LTD.
8. KINNOCK PVT. LTD
9. MOMENTIVE PERFORMANCE MATERIALS, INC.
10. OWENS CORNING
11. PPG INDUSTRIES INC.
12. SGL GROUP
13. TEIJIN LIMITED
14. TORAY INDUSTRIES
15. WEYERHAEUSER COMPANY
List of Tables
1. GLOBAL COMPOSITES MARKET BY FIBER TYPE 2014-2022 ($ BILLION)
2. GLOBAL CARBON FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
3. GLOBAL GLASS FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
4. GLOBAL OTHER FIBER COMPOSITES MARKET 2014-2022 ($ BILLION)
5. GLOBAL COMPOSITES MARKET BY RESIN TYPE 2014-2022 ($ BILLION)
6. GLOBAL THERMOSETTING COMPOSITES MARKET 2014-2022 ($ BILLION)
7. GLOBAL THERMOPLASTIC COMPOSITES MARKET 2014-2022 ($ BILLION)
8. GLOBAL COMPOSITES MARKET BY MANUFACTURING PROCESS 2014-2022 ($ BILLION)
9. GLOBAL LAYUP PROCESS MARKET 2014-2022 ($ BILLION)
10. GLOBAL FILAMENT WINDING PROCESS MARKET 2014-2022 ($BILLION)
11. GLOBAL INJECTION MOLDING PROCESS MARKET 2014-2022 ($BILLION)
12. GLOBAL PULTRUSION PROCESS MARKET 2014-2022 ($BILLION)
13. GLOBAL COMPRESSION MOLDING PROCESS MARKET 2014-2022 ($BILLION)
14. GLOBAL RESIN TRANSFER MOLDING PROCESS MARKET 2014-2022 ($BILLION)
15. GLOBAL OTHER PROCESSES MARKET 2014-2022 ($BILLION)
16. GLOBAL COMPOSITES MARKET BY APPLICATION 2014-2022 ($BILLION)
17. GLOBAL MARINE MARKET 2014-2022 ($BILLION)
18. GLOBAL PIPES & TANKS MARKET 2014-2022 ($BILLION)
19. GLOBAL CONSTRUCTION & INFRASTRUCTURE MARKET 2014-2022 ($BILLION)
20. GLOBAL WIND ENERGY MARKET 2014-2022 ($BILLION)
21. GLOBAL ELECTRICAL & ELECTRONICS MARKET 2014-2022 ($BILLION)
22. GLOBAL AEROSPACE & DEFENSE MARKET 2014-2022 ($BILLION)
23. GLOBAL TRANSPORTATION MARKET 2014-2022 ($BILLION)
24. GLOBAL OTHER APPLICATIONS MARKET 2014-2022 ($BILLION)
List of Figures
1. GLOBAL COMPOSITES MARKET BY FIBER TYPE 2014-2022 ($BILLION)
2. GLOBAL CARBON FIBER COMPOSITES MARKET 2014-2022 ($BILLION)
3. GLOBAL GLASS FIBER COMPOSITES MARKET 2014-2022 ($BILLION)
4. GLOBAL OTHER FIBER COMPOSITES MARKET 2014-2022 ($BILLION)
5. GLOBAL COMPOSITES MARKET BY RESIN TYPE 2014-2022 ($BILLION)
6. GLOBAL THERMOSETTING COMPOSITES MARKET 2014-2022 ($BILLION)
7. GLOBAL THERMOPLASTIC COMPOSITES MARKET 2014-2022 ($BILLION)
8. GLOBAL COMPOSITES MARKET BY MANUFACTURING PROCESS 2014-2022 ($BILLION)
9. GLOBAL LAYUP PROCESS MARKET 2014-2022 ($BILLION)
10. GLOBAL FILAMENT WINDING PROCESS MARKET 2014-2022 ($BILLION)
11. GLOBAL INJECTION MOLDING PROCESS MARKET 2014-2022 ($BILLION)
12. GLOBAL PULTRUSION PROCESS MARKET 2014-2022 ($BILLION)
13. GLOBAL COMPRESSION MOLDING PROCESS MARKET 2014-2022 ($BILLION)
14. GLOBAL RESIN TRANSFER MOLDING PROCESS MARKET 2014-2022 ($BILLION)
15. GLOBAL OTHER PROCESSES MARKET 2014-2022 ($BILLION)
16. GLOBAL COMPOSITES MARKET BY APPLICATION 2014-2022 ($BILLION)
17. GLOBAL MARINE MARKET 2014-2022 ($BILLION)
18. GLOBAL PIPES & TANKS MARKET 2014-2022 ($BILLION)
19. GLOBAL CONSTRUCTION & INFRASTRUCTURE MARKET 2014-2022 ($BILLION)
20. GLOBAL WIND ENERGY MARKET 2014-2022 ($BILLION)
21. GLOBAL ELECTRICAL & ELECTRONICS MARKET 2014-2022 ($BILLION)
22. GLOBAL AEROSPACE & DEFENSE MARKET 2014-2022 ($BILLION)
23. GLOBAL TRANSPORTATION MARKET 2014-2022 ($BILLION)
24. GLOBAL OTHER APPLICATIONS MARKET 2014-2022 ($BILLION)

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